Pacific Sales

Last updated
Pacific Sales
Industry Retail
Founded1960;63 years ago (1960)
FounderGerald H. Turpanjian
Headquarters
,
Number of locations
200+ (September 2019) [1]
Key people
  • Hubert Joly
  • (Executive Chairman)
  • Corie Barry
  • (CEO)
  • Mike Mohan
  • (President and COO)
ProductsAppliances, Decorative Plumbing Fixtures
ServicesFinancing, Delivery, Haul Away, Tech Support, In-Home Consultation
Parent Best Buy
Website bestbuy.com/pacificsales

Pacific Sales is a wholly owned subsidiary of Best Buy based in Torrance, California. [2] They offer mid-range to luxury appliances, bathroom fixtures and home furnishings as well as an assortment of home electronics and other home improvement products. [3] [4] [2]

Contents

History

Pacific Sales was founded in 1960 by Jerry Turpanjian. [2] [5] When Pacific sales was purchased by Best Buy in 2006, the decision was made to keep the brand and company intact, unlike other companies such as Magnolia, which was absorbed into the Best Buy brand. Since then, Pacific Sales has opened over 35 stores in California, Nevada and Arizona, and had opened stores within existing Best Buy stores in Texas and Hawaii as well as California, Nevada, Oregon, Georgia, and Arizona to offer higher end appliances than are currently available in Best Buy. [6] As of March 2023, they operate 20 full-assortment stores (those carrying major appliances as well as home electronics and home improvement) in California. In addition to these 36, they also operate 55 appliance-only stores located within existing Best Buy locations in California, Arizona, Hawaii, Texas, Minnesota, Virginia, Maryland, Georgia, and Iowa. [7] Much of the business Pacific Sales does is in bulk as well as builder/contractor sales.

Products

Pacific sales specializes in luxury appliances and other home furnishings. [8] They carry brands such as Kohler, Hansgrohe, Sony and Pioneer Elite. [8]

Related Research Articles

Albertsons Companies, Inc. is an American grocery company founded and headquartered in Boise, Idaho.

<span class="mw-page-title-main">Sears Canada</span> Defunct Canadian department store chain

Sears Canada Inc. was a publicly-traded Canadian company affiliated with the American-based Sears department store chain. In operation from 1952 until January 14, 2018, and headquartered in Toronto, Ontario, the company began as Simpsons-Sears—a joint venture between the Canadian Simpsons department store chain and the American Sears chain—which operated a national mail order business and co-branded Simpsons-Sears stores modelled after those of Sears in the U.S. After the Hudson's Bay Company purchased Simpsons in 1978, the joint venture was dismantled and Hudson's Bay sold its shares in the joint venture to Sears; with Sears now fully owning the company, it was renamed Sears Canada Inc. in 1984. In 1999, Sears Canada acquired the remaining assets and locations of the historic Canadian chain Eaton's. From 2014, Sears Holdings owned a 10% share in the company. ESL Investments was the largest shareholder of Sears Canada.

Future Shop was a Canadian electronics store chain. It was established in 1982 by Hassan Khosrowshahi. By 1990, the chain had become the country's largest retailer of computer and consumer electronics. In January 2013, the company operated 139 locations across Canada.

<span class="mw-page-title-main">Best Buy</span> American multinational consumer electronics retailer

Best Buy Co. Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.

CompUSA, Inc., was a retailer and reseller of personal computers, consumer electronics, technology products and computer services. Starting with one brick-and-mortar store in 1986 under the name Soft Warehouse, by the 1990s CompUSA had grown into a nationwide big box chain. At its peak, it operated at least 229 locations. Crushed by competition from other brick-and-mortar retailers, corporate oversight which was out of touch with evolving market realities, and a failure to make a strong transition to online sales, CompUSA began closing what they classified as "low performing" locations in 2006. By 2008 only 16 locations were left to be sold to Systemax. In 2012, remaining CompUSA and Circuit City stores were converted to TigerDirect stores, and later closed. As of 2023, the CompUSA online website redirects to an error page hosted on Wix.com.

<span class="mw-page-title-main">JCPenney</span> American department store chain

Penney OpCo LLC, doing business as JCPenney and often abbreviated JCP, is an American department store chain that operates 664 stores across 49 U.S. states and Puerto Rico. Departments inside JCPenney stores include Men's, Women's, Boys', Girls', Baby, Bedding, Home, Fine Jewelry, Shoes, Lingerie, JCPenney Salon, JCPenney Beauty, as well as leased departments such as Seattle's Best Coffee, US Vision optical centers, and Lifetouch portrait studios.

<span class="mw-page-title-main">Fry's Food and Drug</span> Supermarket chain

Fry's Food and Drug is a chain of American supermarkets that has a major presence in the U.S. state of Arizona. Fry's also operates under the banner of Fry's Marketplace, a hypermarket or combination of groceries and general merchandise. Fry's is a division of Kroger, an American retail company based in Cincinnati, Ohio.

<span class="mw-page-title-main">Circuit City</span> Consumer electronics retailer

Circuit City Corporation, Inc., formerly Circuit City Stores, Inc., was an American consumer electronics retail company, which was founded in 1949 by Samuel Wurtzel as the Wards Company, operated stores across the United States, and pioneered the electronics superstore format in the 1970s. After multiple purchases and a successful run on the NYSE, it changed its name to Circuit City Stores Inc.

<i>ampm</i> US multinational convenience store chain

ampm is a convenience store chain with branches located in several U.S. states, including Arizona, California, Nevada, Oregon, Washington and in several countries such as Costa Rica and Brazil. The brand pulled out of the Eastern United States in 2012, but returned a decade later.

Longs Drugs is an American chain owned by parent company CVS Health with approximately 70 drugstores throughout the state of Hawaii and formerly in the Continental US.

<span class="mw-page-title-main">JB Hi-Fi</span> Australian consumer electronics retail company

JB Hi-Fi Limited is an Australian consumer electronics and home appliances retail company. It is publicly listed on the Australian Securities Exchange. Its headquarters are located in Southbank, Melbourne, Victoria.

<span class="mw-page-title-main">Silo (store)</span> Electronics retailer

Silo was an electronics retailer operated throughout the United States between 1947 and 1995. The western region stores were known for a number of years as "Downings" in Colorado and "Appliance-TV City" in Arizona and California.

<span class="mw-page-title-main">Thrifty PayLess</span> Defunct American drugstore chain

Thrifty PayLess Holdings, Inc. was a pharmacy holding company that owned the Thrifty Drugs and PayLess Drug Stores chains in the western United States. The combined company was formed in April 1994 when Los Angeles-based TCH Corporation, the parent company of Thrifty Corporation and Thrifty Drug Stores, Inc., acquired the Kmart subsidiary PayLess Drug Stores Northwest, Inc. At the time of the merger, TCH Corporation was renamed Thrifty PayLess Holdings, Inc. and Thrifty operated 495 stores, PayLess operated 543 stores.

<span class="mw-page-title-main">RC Willey Home Furnishings</span>

RC Willey Home Furnishings is an American home furnishings company in Utah, Idaho, Nevada and California. It was founded in 1932 by Rufus Call Willey in Syracuse, Utah, RC. He began selling Hotpoint-brand appliances door-to-door out of the back of his pickup truck. RC Willey has 10 locations across the Western United States and specializes in furniture, electronics, home appliances, mattresses, and flooring. In 1995, the holding company Berkshire Hathaway bought RC Willey in a deal with Warren Buffett.

<span class="mw-page-title-main">Charlotte Russe (retailer)</span> Clothing retail chain store

Charlotte Russe is an American clothing retail chain store that operates in the United States, headquartered in Toronto, Canada. Fashions in the stores are targeted at women in their teens and twenties. As of September 2023, Charlotte Russe operates 196 stores, mostly in malls and shopping centers.

<span class="mw-page-title-main">Conn's</span> American furniture, mattress, electronics and appliance store chain

Conn's Inc. is an American furniture, mattress, electronics and appliance store chain headquartered in The Woodlands, Texas, United States. The chain has stores in Alabama, Arizona, Colorado, Georgia, Louisiana, Mississippi, Nevada, Florida, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, and Virginia. Within Texas Conn's has stores in Greater Houston, the Dallas/Fort Worth Metroplex, Greater San Antonio, Greater El Paso, Greater Corpus Christi, Southeast Texas, and South Texas.

<span class="mw-page-title-main">Builders Emporium</span> Home improvement store chain based in Irvine, California

Builders Emporium was a chain of home improvement stores based in Irvine, California, United States. At the time of its closing in 1993, it had 82 stores in Southern California and an additional 15 in Nevada, New Mexico, Arizona and Texas; 4,300 employees in total.

Sears Hometown and Outlet Stores Inc. was an American retail company that sold home appliances, lawn and garden equipment, apparel, mattresses, sporting goods, and tools. The company had four subsidiary store formats: Sears Hometown, Sears Outlet, Sears Hardware and Appliance, and Sears Home Appliance Showrooms. Sears Hometown and Outlet Stores is based in Hoffman Estates, Illinois. Sears Hometown and Outlet Stores was founded in April 2012. The company was a spun off from Sears Holdings in 2012. By May 2019, Sears Hometown and Outlet Stores and its independent dealers and independent franchisees operated a total of 639 stores across 49 states as well as in Puerto Rico and Bermuda. On June 3, 2019, it was announced that Transform Holdco would acquire Sears Hometown and Outlet Stores. As per the deal, Sears Hometown needed to divest its Sears Outlet division to gain approval. The company ceased to exist on October 23, 2019, when Franchise Group acquired the Sears Outlet division and Transform Holdco acquired the rest of the company.

<span class="mw-page-title-main">DFS Group</span> Hong Kong luxury travel retailer

DFS is a Hong Kong-based travel retailer of luxury products. Established in 1960, its network consists of over 420 locations, including duty-free stores in 12 major airports and 23 downtown Galleria stores, as well as affiliate and resort locations. It is privately held and majority owned by the luxury conglomerate Moët Hennessy Louis Vuitton (LVMH), alongside DFS co-founder and shareholder Robert Warren Miller. As of January 11, 1997, DFS Group operates as a subsidiary of LVMH.

References

  1. Store Locator
  2. 1 2 3 "Pacific Sales Acquired by Best Buy | Los Angeles Business Journal". labusinessjournal.com. Retrieved 2021-11-15.
  3. Nguyen, Hang (December 29, 2005). "Best Buy likes the status quo of Pacific Sales". The Orange County Register . Retrieved May 18, 2011.
  4. Samiljan, Tom (2021-10-19). "Why Luxury Appliances Are Essential to the Future of Independent Retail - Dealerscope" . Retrieved 2021-11-15.
  5. Colker, David (2005-12-23). "Best Buy to Purchase L.A. Appliance Chain". Los Angeles Times. Retrieved 2021-11-15.
  6. Seavy, Mark (March 25, 2011). "Best Buy Expanding Online Assortment, Reducing Size of Stores". The Wall Street Journal . Retrieved May 18, 2011.
  7. Store Locator
  8. 1 2 "Best Buy Acquires California-Based Kitchen And Bath Retailer". www.supplyht.com. Retrieved 2021-11-15.